Online Shopping in Bangladesh
Did you know debit card holders account for 79.38 crore in the country, while there are only 3.14 crore credit card holders? After enabling EMI on Credit Cards, in another attempt to make online shopping accessible to everyone, Flipkart introduces EMI on Debit Cards, empowering you to shop confidently with us without having to worry about pauses in monthly cash flow. At present, we have partnered with Axis Bank, HDFC Bank, State Bank of India and ICICI Bank for this facility. In several studies, perceived value, shopping style, and brand trust are the main factors that affect online consumers’ decisions. The perceived value means that people can compare the products and prices online, bringing them the perceived value of getting more benefits online than in an offline store.
- US shopping malls serve a purpose as a shopping destination.
- Sell online, in person, or both with the marketing tools, social integrations, and sales channels you need to get your products in front of customers—and out the door.
- Increased exposure to technology also increases the probability of developing favorable attitudes towards new shopping channels.
- In addition, not only those reviews, people more rely on other people’s post information about product commends on social media.
Flipkart, ‘India ka Fashion Capital’, is your one-stop fashion destination for anything and everything you need to look good. Our exhaustive range of Western and Indian wear, summer and winter clothing, formal and casual footwear, bridal and artificial jewellery, long-lasting make-up, grooming tools and accessories are sure to sweep you off your feet. Shop from crowd favourites like Vero Moda, Forever 21, Only, Arrow, Woodland, Nike, Puma, Revlon, Mac, and Sephora among dozens of other top-of-the-ladder names. From summer staple maxi dresses, no-nonsense cigarette pants, traditional Bandhani kurtis to street-smart biker jackets, you can rely on us for a wardrobe that is up to date. Explore our in-house brands like Metronaut, Anmi, and Denizen, to name a few, for carefully curated designs that are the talk of the town. Get ready to be spoiled for choice.Festivals, office get-togethers, weddings, brunches, or nightwear – Flipkart will have your back each time.
It is usually installed on the company’s web server and may integrate into the existing supply chain so that ordering, payment, delivery, accounting and warehousing can be automated to a large extent. Other solutions allow the user to register and create an online shop on a portal that hosts multiple shops simultaneously from one back office. Open source shopping cart packages include advanced platforms such as Interchange, and off-the-shelf solutions such as Magento, osCommerce, WooCommerce, PrestaShop, and Zen Cart. Commercial systems can also be tailored so the shop does not have to be created from scratch. By using an existing framework, software modules for various functionalities required by a web shop can be adapted and combined. A storm of global trends are coming together at the same time to cause malls to change the role they play in people’s lives.
Launch a mobile
Most large online corporations are inventing new ways to make fraud more difficult. However, criminals are constantly responding to these developments with new ways to manipulate the system. Even though online retailers are making efforts to protect consumer information, it is a constant fight to maintain the lead. It is advisable to be aware of the most current technology and scams to protect consumer identity and finances.
Computer security has thus become a major concern for merchants and e-commerce service providers, who deploy countermeasures such as firewalls and anti-virus software to protect their networks. Phishing is another danger, where consumers are fooled into thinking they are dealing with a reputable retailer, when they have actually been manipulated into feeding private information to a system operated by a malicious party. Denial of service attacks are a minor risk for merchants, as are server and network outages. One advantage of shopping online is being able to quickly seek out deals for items or services provided by many different vendors . Search engines, online price comparison services and discovery shopping engines can be used to look up sellers of a particular product or service.
In a conventional retail store, clerks are generally available to answer questions. Some online stores have real-time chat features, but most rely on e-mails or phone calls to handle customer questions. Even if an online store is open 24 hours a day, seven days a week, the customer service team may only be available during regular business hours. Consumers find a product of interest by visiting the website of the retailer directly or by searching among alternative vendors using a shopping search engine. A “checkout” process follows (continuing the physical-store analogy) in which payment and delivery information is collected, if necessary.
Statistics show that in 2012, Asia-Pacific increased their international sales over 30% giving them over $433 billion in revenue. That is a $69 billion difference between the U.S. revenue of $364.66 billion. It is estimated that Asia-Pacific will increase by another 30% in the year 2013 putting them ahead by more than one-third of all global ecommerce sales. The largest online shopping day in the world is Singles Day, with sales just in Alibaba’s sites at US$9.3 billion in 2014.
Merchants also risk fraudulent purchases if customers are using stolen credit cards or fraudulent repudiation of the online purchase. However, merchants face less risk from physical theft by using a warehouse instead of a retail storefront. Secure Sockets Layer encryption has generally solved the problem of credit card numbers being intercepted in transit between the consumer and the merchant. However, one must still trust the merchant not to use the credit card information subsequently for their own purchases, and not to pass the information to others. Also, hackers might break into a merchant’s web site and steal names, addresses and credit card numbers, although the Payment Card Industry Data Security Standard is intended to minimize the impact of such breaches. A number of high-profile break-ins in the 2000s has prompted some U.S. states to require disclosure to consumers when this happens.
Rethinking a way of operating the business may be able to help shopping malls to regain its relevance among the public. However, a proper look at the people’s lifestyle should be considered. The trend may be changing sometime in the future and maybe there will be something new to offer that will be able to attract more people to visit the malls. Until then, shopping malls need to adapt and strategize well among the online shops competition in order to give visitors the best experience. The popularity of e-commerce and online shops has caused the shift of preference from going out shopping to shop online thanks to its convenience and practicality. Shopping malls were built originally as, like its name, a shopping place.